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Wednesday, 4 April 2018

SGX TA and FA

SGX plunged to low 7.2 on Feb 2018 when lost Indian derivatives business but rebound to 7.7 after announced will list successor products http://www.straitstimes.com/business/companies-markets/sgx-to-roll-out-nifty-successor-products-before-august
Phillip's latest research report on 14 Feb 2018:
Singapore Exchange Limited Market volatility will drive growth
As of now, SGX is traded at 7.28, near to the previous low support at 7.2.
Recommendation : can test water by buying a bit at the range of 7.28 - 7.2

(source : Poems Live Chart ) TA view for illustration purpose only


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